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Friday, Oct. 24, 2014

Tennessee Feeder Cattle Weekly Summary

Saturday, January 19, 2013

Receipts on 12 TN Auctions: 5007 12 Last Week: 10,473 11 Last Year: 8400

Trends: According to the Federal-State Market News Service, compared
to last week, Slaughter cows and bulls steady. Steers/bulls 3.00 to
10.00 lower, light calves 15.00 lower. Heifers 3.00 to 6.00 lower, once
again some of the lighter offerings 10.00 lower.

After literally a week or so of rain and totals in the 4 to 7 inch range,
cattle producers found little incentive to fight the mud and weather to
move cattle to market. Auction receipts were extremely light and with the
inclement weather and declining cattle futures, calf and yearling markets
posted sharp declines where tested. Wednesday and Thursday saw cattle
futures, both in the live and feeder contracts, lose considerable ground.
On Thursday, reports of a Texas slaughter plant going ideal due to a
shortage of cattle may be partly to blame for sharp declines on that day.
Nevertheless, this depressive move will most likely put additional
pressure on feeder cattle in the upcoming week. Clear weather in the
forecast, but it will take several days for farm lots to dry out.

Slaughter Cows 478 head; Bulls 71 head; Total Feeders 4,128 head;
Feeder supply, Steers and bulls 2,436 head; Heifers 1,592; Steers
and heifers over 600 lbs 1,420; Replacement and/or feeder cows 330
head.

                      Slaughter Cows Breakers 75-80                       
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         40  1240-1590    1413     68.50-79.50       72.95                
          6  1330-1515    1421     73.50-85.00       79.43 High Dressing  
         13  1200-1570    1426     63.50-76.00       69.23 Low Dressing   
          6  1635-1875    1760     74.00-78.50       75.84                
          6  1610-1865    1704     63.50-75.50       68.41 Low Dressing   

                       Slaughter Cows Boners 80-85                        
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         42   885-1195    1077     70.50-80.50       74.49                
         20   860-1175    1061     59.00-74.00       67.59 Low Dressing   
         83  1200-1790    1420     68.00-80.00       73.14                
         30  1210-1710    1400     75.00-85.00       80.01 High Dressing  
         24  1200-1715    1393     61.00-74.50       68.24 Low Dressing   

                        Slaughter Cows Lean 85-90                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         48   850-1185    1016     60.50-74.50       68.33                
         25   875-1185    1019     51.00-65.00       58.55 Low Dressing   
         17  1200-1545    1326     62.00-74.50       67.87                
          6  1220-1365    1275     50.50-61.00       56.73 Low Dressing   

 
                         Slaughter Bulls Y.G. 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          9  1095-1460    1325     83.00-97.50       90.42                
          9  1165-1490    1327     72.00-87.50       80.46 Low Dressing   
         22  1580-2335    1904     80.50-98.00       90.80                
          9  1500-1845    1635     77.00-85.00       80.45 Low Dressing   

                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   285-295      290    186.00-197.50     191.15                
         27   300-346      326    161.00-205.00     175.03                
         36   350-391      372    162.00-188.00     175.16                
         41   400-449      426    150.50-177.00     165.10                
         95   450-499      480    147.50-172.00     159.82                
         80   500-548      524    140.00-166.50     154.00                
         23   517-523      520    154.00-157.50     155.53 Value Added    
        122   550-598      577    132.50-160.00     146.08                
        101   600-648      621    131.00-149.50     140.74                
         50   603-649      618    139.75-144.00     141.67 Value Added    
         87   650-698      675    128.00-142.50     135.81                
         60   700-745      724    118.00-140.00     134.15                
         37   755-793      775    120.00-135.75     131.62                
         64     781        781       135.55         135.55 Load           
         45   758-794      778    131.50-135.50     134.23 Value Added    
         19   800-845      820    123.00-134.75     132.07                
         70     840        840       135.75         135.75 Load           
         14   808-833      827    127.00-133.50     132.29 Value Added    
         15   850-890      873    109.00-131.50     127.34                
         16     909        909       128.75         128.75 Value Added    

                         Feeder Steers Small 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   300-335      321    132.00-182.50     159.65                
          4   375-395      388    140.00-167.50     146.65                
          4   515-545      523    133.00-150.00     144.83                

                     Feeder Steers Medium and Large 3                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   250-290      275    155.00-172.50     163.19                
          7   310-345      327    151.00-170.00     158.18                
         18   363-395      381    132.50-165.00     150.33                
         17   400-445      422    124.00-152.50     139.50                
         20   450-485      464    121.00-154.00     138.80                
         10   505-547      535    125.50-136.00     129.47                
          8   555-595      575    120.00-145.00     132.88                
         14   600-649      626    115.00-132.00     123.26                
          9   650-685      668    110.00-127.50     120.92                
          6   700-725      711    115.00-125.00     121.08                

                    Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         19   350-395      364    142.00-170.00     160.67                
         57   401-445      419    142.00-175.00     160.86                
        100   450-495      466    130.00-175.00     150.08                
        110   500-545      528    128.00-154.00     143.68                
         54   550-595      569    117.00-148.00     131.39                
         92   600-647      619    118.00-140.00     130.15                
         49   650-695      669    105.00-136.00     123.94                
         16   700-740      720    103.00-125.00     115.07                
         35   750-795      777     95.00-122.00     110.37                
          5     861        861       101.00         101.00                

                          Feeder Bulls Small 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          5   410-443      427    110.00-161.00     144.67                
         11   450-495      477    106.00-155.00     135.94                
          8   505-545      524    100.00-150.00     117.62                
          9   550-585      573    102.00-135.00     113.31                
          4   610-645      633    110.00-125.00     113.87                

                     Feeder Bulls Medium and Large 3                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         22   410-445      434    114.00-162.50     140.98                
         26   450-496      473    115.50-151.00     137.66                
         40   500-549      529    109.00-141.00     129.12                
         22   555-595      579    104.00-140.00     120.41                
          8   600-640      618    102.00-130.00     116.11                
          6   655-695      672    105.00-124.00     117.25                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          6   200-245      224    146.00-194.00     178.94                
          7   255-290      275    140.00-170.00     157.15                
         47   300-348      323    135.00-178.00     151.51                
         87   350-395      380    133.00-158.00     146.17                
         86   400-448      424    129.00-164.00     145.25                
        201   450-499      473    122.00-150.00     138.92                
        188   500-548      524    120.00-152.00     134.29                
        182   550-598      575    120.00-140.00     128.99                
         83   600-645      622    116.00-134.00     126.64                
         85   650-695      664    109.00-136.00     123.67                
         18     695        695       128.00         128.00 Value Added    
         35   700-745      723    106.50-133.00     118.08                
         17   755-795      774    100.00-132.00     117.27                
          7   800-845      822    101.00-120.00     113.73                
         12     829        829       117.25         117.25 Value Added    

                         Feeder Heifers Small 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   305-345      316    122.50-140.00     129.11                
          4   380-395      390    120.00-140.00     132.63                
         17   400-445      425    103.00-137.00     117.41                
          8   455-490      468    101.00-123.00     113.00                
         11   500-540      518    110.00-130.00     117.92                
          4   662-665      663    107.50-112.50     108.75                



                    Feeder Heifers Medium and Large 3                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10   300-340      321    113.00-142.50     131.44                
         30   355-395      380    117.50-142.00     133.03                
         35   400-445      418    115.00-144.00     129.34                
         33   455-498      482    113.50-133.00     124.43                
         43   500-547      523    109.00-132.50     122.23                
         28   550-595      576    107.00-127.50     117.35                
         23   600-640      618    105.00-122.00     113.27                
          8   660-685      674    110.00-125.00     117.77                
          6   710-730      724    109.00-121.00     114.82                

Source: Tennessee Dept of Ag-USDA Market News, Nashville, TN 
        Lewis Langell, OIC     (615) 837-5164
        www.ams.usda.gov/mnreports/nv_ls145.txt
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